Gartner recently published a report on software solutions for Scorecards and Strategy Management. While the vendor coverage was pretty thin (though positive on ActiveStrategy, incidentally), I was interested in some of the broader survey results.
According to this report, about 30% of respondent companies are using an automated solution for strategy management and another more than 45% are planning on implementing a system in the next 12-24 months. Those are huge numbers and would indicate a coming increase in demand for performance management experts (both internal and external) to help create all of those strategy maps and scorecards, train people in methodology, help with culture change, and implement sound business review practices.
If you are someone involved in deploying Scorecards and Performance Management (which is probably fair to assume if you're reading this blog), and these numbers are right, you are probably going to be in much greater demand in the near future...especially given the statistic in the same report that 50% of Balanced Scorecard/Performance Management efforts fail. More on that next time.
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